Table of Content

1    INTRODUCTION    34
1.1    STUDY OBJECTIVES    34
1.2    DEFINITION    34
1.2.1    INCLUSIONS AND EXCLUSIONS    35
1.3    STUDY SCOPE    36
1.3.1    MARKETS COVERED    36
FIGURE 1    CONTROL VALVE MARKET SEGMENTATION    36
1.3.2    GEOGRAPHIC SCOPE    36
1.3.3    YEARS CONSIDERED    37
1.4    CURRENCY    37
1.5    LIMITATIONS    37
1.6    MARKET STAKEHOLDERS    38
1.7    SUMMARY OF CHANGES    38
2    RESEARCH METHODOLOGY    39
2.1    RESEARCH DATA    39
FIGURE 2    CONTROL VALVE MARKET: RESEARCH DESIGN    40
2.1.1    SECONDARY AND PRIMARY RESEARCH    41
2.1.2    SECONDARY DATA    42
2.1.2.1    Key data from secondary sources    42
2.1.3    PRIMARY DATA    43
2.1.3.1    Breakdown of primaries    43
2.1.3.2    Key data from primary sources    43
2.2    MARKET SIZE ESTIMATION    44
FIGURE 3    SUPPLY-SIDE ANALYSIS: CONTROL VALVE MARKET (1/2)    44
FIGURE 4    SUPPLY-SIDE ANALYSIS: CONTROL VALVE MARKET (2/2)    45
FIGURE 5    DEMAND-SIDE ANALYSIS: CONTROL VALVE MARKET    45
2.2.1    BOTTOM-UP APPROACH    46
FIGURE 6    MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH    46
2.2.2    TOP-DOWN APPROACH    46
FIGURE 7    MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH    46
2.3    MARKET BREAKDOWN AND DATA TRIANGULATION    47
FIGURE 8    DATA TRIANGULATION    47
2.4    RESEARCH ASSUMPTIONS    48
TABLE 1    ASSUMPTIONS FOR RESEARCH STUDY    48

3    EXECUTIVE SUMMARY    49
3.1    CONTROL VALVE MARKET: PRE-COVID-19 AND POST-COVID-19 SCENARIOS    49
FIGURE 9    CONTROL VALVE MARKET: OPTIMISTIC, REALISTIC, PESSIMISTIC, AND
PRE-COVID-19 SCENARIO ANALYSIS (2016–2025)    49
3.1.1    CONTROL VALVE MARKET: REALISTIC SCENARIO    50
3.1.2    CONTROL VALVE MARKET: OPTIMISTIC SCENARIO    50
3.1.3    CONTROL VALVE MARKET: PESSIMISTIC SCENARIO    51
FIGURE 10    CONTROL VALVE MARKET SIZE, 2016–2025    51
FIGURE 11    STAINLESS STEEL TO CAPTURE LARGEST SIZE OF CONTROL VALVE MARKET, BY MATERIAL, BY 2025    52
FIGURE 12    ROTARY VALVES TO CAPTURE LARGEST SIZE OF CONTROL VALVE MARKET,
BY TYPE, BY 2025    52
FIGURE 13    ACTUATORS TO CAPTURE LARGEST SHARE OF CONTROL VALVE MARKET,
BY COMPONENT, IN 2020    53
FIGURE 14    6” TO 25” SIZED VALES TO CAPTURE LARGEST SHARE OF CONTROL VALVE MARKET, BY SIZE, IN 2020    53
FIGURE 15    ENERGY & POWER TO BE FASTEST-GROWING INDUSTRY
DURING FORECAST PERIOD    54
FIGURE 16    APAC TO HOLD LARGEST SHARE OF CONTROL VALVE MARKET IN 2020    55
4    PREMIUM INSIGHTS    56
4.1    ATTRACTIVE GROWTH OPPORTUNITIES IN CONTROL VALVE MARKET    56
FIGURE 17    INCREASING DEMAND FOR VALVES FROM HEALTHCARE AND PHARMACEUTICALS INDUSTRIES DUE TO OUTBREAK OF COVID-19 PANDEMIC PROPELS CONTROL VALVE MARKET GROWTH    56
4.2    CONTROL VALVE MARKET, BY MATERIAL    57
FIGURE 18    STAINLESS STEEL CONTROL VALVES TO HOLD LARGEST
MARKET SIZE IN 2025    57
4.3    CONTROL VALVE MARKET, BY COMPONENT    57
FIGURE 19    ACTUATORS TO HOLD LARGEST SHARE OF CONTROL VALVE MARKET,
BY COMPONENT, IN 2025    57
4.4    CONTROL VALVE MARKET, BY TYPE    58
FIGURE 20    MARKET FOR ROTARY CONTROL VALVES TO GROW AT HIGHER CAGR THAN THAT OF LINEAR CONTROL VALVES DURING FORECAST PERIOD    58
4.5    CONTROL VALVE MARKET, BY SIZE    58
FIGURE 21    CONTROL VALVES SIZED UP TO 1” TO HOLD LARGEST MARKET SIZE IN 2025    58
4.6    CONTROL VALVE MARKET IN APAC, BY COUNTRY AND INDUSTRY    59
FIGURE 22    WATER & WASTEWATER TREATMENT INDUSTRY TO HOLD LARGEST SHARE OF CONTROL VALVE MARKET IN APAC IN 2025    59
4.7    CONTROL VALVE MARKET, BY COUNTRY (2025)    59
FIGURE 23    US EXPECTED TO HOLD LARGEST SHARE OF CONTROL VALVE
MARKET IN 2025    59

5    MARKET OVERVIEW    60
5.1    INTRODUCTION    60
5.2    MARKET DYNAMICS    60
FIGURE 24    CONTROL VALVE MARKET DYNAMICS    60
5.2.1    DRIVERS    61
5.2.1.1    Increasing demand for valves from healthcare and pharmaceuticals industries due to COVID-19 pandemic    61
5.2.1.2    Rising demand for energy in APAC    62
5.2.1.3    Growing need for connected networks to maintain and monitor industrial equipment    62
5.2.1.4    Surging focus on establishing new nuclear power plants and upscaling of existing ones    62
5.2.2    RESTRAINTS    63
5.2.2.1    Lack of standardized certifications and government policies    63
5.2.3    OPPORTUNITIES    64
5.2.3.1    Implementation of valves in water & wastewater treatment plants to handle sanitation-related issues with rapid spread of COVID-19    64
5.2.3.2    Utilization of IIoT and Industry 4.0 in industrial plants    65
5.2.3.3    Use of 3D printing technology in manufacturing valves    66
5.2.3.4    Need for replacement of outdated valves and adoption of
smart valves    66
5.2.3.5    Focus of industry players on offering improved customer services    67
5.2.4    CHALLENGES    67
5.2.4.1    Impact of COVID-19 pandemic on key industries such as oil & gas and energy & power    67
5.2.4.2    Rise in collaboration activities among industry players    68
5.2.4.3    Unplanned downtime due to malfunctioning or failure of valves    68
6    INDUSTRY TRENDS    69
6.1    INTRODUCTION    69
6.2    VALUE CHAIN ANALYSIS    69
FIGURE 25    RAW MATERIAL AND COMPONENT SUPPLIERS AND ORIGINAL EQUIPMENT MANUFACTURERS COLLECTIVELY ADD MAJOR VALUE TO PRODUCT    69
6.3    IMPACT OF COVID-19 ON VALVE ECOSYSTEM AND EXTENDED ECOSYSTEM
(ADJACENT MARKETS)    70
6.3.1    RAW MATERIAL AND COMPONENT SUPPLIERS    71
6.3.2    OEMS    71
6.3.3    SYSTEM INTEGRATORS    71
6.3.4    SALES CONSULTANTS AND DISTRIBUTORS    71
6.4    CONSUMER BUYING PROCESS    71
6.4.1    ONLINE VALVE PURCHASE TREND IS EXPECTED TO DISRUPT TRADITIONAL CONSUMER BUYING PROCESS OF VALVE INDUSTRY    71
FIGURE 26    CONSUMER BUYING PROCESS    72

6.5    INDUSTRY TRENDS    72
6.5.1    3D PRINTING    72
6.5.2    DIGITIZATION AND INTEGRATION OF ADVANCED TECHNOLOGIES SUCH AS ARTIFICIAL INTELLIGENCE INTO CONTROL VALVES    73
6.5.3    IMPACT OF IOT ON CONTROL VALVE MARKET    73
7    CONTROL VALVE MARKET, BY COMPONENT    75
7.1    INTRODUCTION    76
FIGURE 27    CONTROL VALVE MARKET, BY COMPONENT    76
TABLE 2    CONTROL VALVE MARKET, BY COMPONENT, 2016–2019 (USD MILLION)    76
TABLE 3    CONTROL VALVE MARKET, BY COMPONENT, 2020–2025 (USD MILLION)    76
7.2    ACTUATORS    77
7.2.1    ACTUATORS TO DOMINATE CONTROL VALVE MARKET BASED ON COMPONENTS DURING 2020–2025    77
TABLE 4    CONTROL VALVE MARKET FOR ACTUATORS, BY TYPE, 2016–2019
(USD MILLION)    77
TABLE 5    CONTROL VALVE MARKET FOR ACTUATORS, BY TYPE, 2020–2025
(USD MILLION)    77
7.3    VALVE BODY    78
7.3.1    VALVE BODY ACTS AS MAIN CONTROL CENTER    78
7.4    OTHERS    78
8    CONTROL VALVE MARKET, BY MATERIAL    79
8.1    INTRODUCTION    80
FIGURE 28    CONTROL VALVE MARKET, BY MATERIAL    80
FIGURE 29    STAINLESS STEEL CONTROL VALVES TO HOLD LARGEST MARKET
SIZE BY 2025    80
TABLE 6    CONTROL VALVE MARKET, BY MATERIAL, 2016–2019 (USD MILLION)    81
TABLE 7    CONTROL VALVE MARKET, BY MATERIAL, 2020–2025 (USD MILLION)    81
8.2    STAINLESS STEEL    82
8.2.1    DEMAND FOR STAINLESS STEEL CONTROL VALVES IS LIKELY TO UPSURGE DURING FORECAST PERIOD    82
8.3    CAST IRON    82
8.3.1    CAST-IRON CONTROL VALVES TO CONTINUE TO ACCOUNT FOR
SECOND-LARGEST MARKET SIZE OWING TO ITS WIDE USE IN WATER & WASTEWATER TREATMENT AND HYDROELECTRIC POWER PLANTS    82
8.4    ALLOY-BASED    82
8.4.1    MARKET FOR ALLOY-BASED VALVES TO GROW AT A SIGNIFICANT RATE IN COMING YEARS    82
8.5    CRYOGENIC    83
8.5.1    CRYOGENIC VALVES ARE EXPECTED TO CONTINUE TO HOLD THIRD-LARGEST MARKET SHARE OWING TO ITS RISING USE IN OIL & GAS INDUSTRY    83
8.6    OTHERS    83
8.6.1    BRASS    83
8.6.2    BRONZE    83
8.6.3    PLASTIC    84
9    CONTROL VALVE MARKET, BY TYPE    85
9.1    INTRODUCTION    86
FIGURE 30    CONTROL VALVE MARKET, BY TYPE    86
FIGURE 31    ROTARY VALVES TO DOMINATE CONTROL VALVE MARKET
DURING 2020–2025    86
TABLE 8    CONTROL VALVE MARKET, BY TYPE, 2016–2019 (USD MILLION)    86
TABLE 9    CONTROL VALVE MARKET, BY TYPE, 2020–2025 (USD MILLION)    87
9.2    ROTARY VALVES    87
TABLE 10    ROTARY CONTROL VALVE MARKET, BY TYPE, 2016–2019 (USD MILLION)    87
TABLE 11    ROTARY CONTROL VALVE MARKET, BY TYPE, 2020–2025 (USD MILLION)    87
9.2.1    BALL VALVES    88
9.2.1.1    Ball valves to continue to account for largest size of rotary control valve market during forecast period    88
9.2.2    BUTTERFLY VALVES    88
9.2.2.1    Butterfly valves account for significant market share owing to their reliable field operations, tight shut-off, and precise control    88
9.2.3    PLUG VALVES    88
9.2.3.1    Market for plug valves expected to witness substantial growth in
next few years    88
9.3    LINEAR VALVES    89
TABLE 12    LINEAR CONTROL VALVE MARKET, BY TYPE, 2016–2019 (USD MILLION)    89
TABLE 13    LINEAR CONTROL VALVE MARKET, BY TYPE, 2020–2025 (USD MILLION)    89
9.3.1    GLOBE VALVES    90
9.3.1.1    Globe valve to hold largest market size owing to their
capability to meet demands of a wide range of pressure and temperature conditions    90
9.3.2    DIAPHRAGM VALVES    90
9.3.2.1    Diaphragm valves expected to witness highest CAGR in linear control valve market during forecast period    90
9.3.3    OTHER VALVES    90
10    CONTROL VALVE MARKET, BY SIZE    91
10.1    INTRODUCTION    92
FIGURE 32    CONTROL VALVE MARKET, BY SIZE    92
FIGURE 33    CONTROL VALVES SIZED >6’’–25” EXPECTED TO HOLD LARGEST MARKET SIZE BY 2025    92
TABLE 14    CONTROL VALVE MARKET, BY SIZE, 2016–2019 (USD MILLION)    93
TABLE 15    CONTROL VALVE MARKET, BY SIZE, 2020–2025 (USD MILLION)    93
10.2    UP TO 1”    94
10.2.1    CONTROL VALVES SIZED UP TO 1" TO EXHIBIT HIGHEST CAGR
DURING FORECAST PERIOD    94

10.3    >1”–6”    94
10.3.1    >1"–6" CONTROL VALVES ARE WIDELY USED IN CRITICAL INDUSTRIES SUCH AS OIL & GAS AND CHEMICALS    94
10.4    >6”–25”    94
10.4.1    >6"–25" TO ACCOUNT FOR LARGEST MARKET SHARE
DURING FORECAST PERIOD    94
10.5    >25”–50”    94
10.5.1    CHEMICALS, PHARMACEUTICALS, AND ENERGY & POWER ARE KEY INDUSTRIES THAT USE CONTROL VALVES SIZED >25"–50"    94
10.6    >50”    94
10.6.1    CONTROL VALVES SIZED >50" TO ACCELERATE THE MARKET FOR OIL & GAS, POWER, AND PETROCHEMICALS INDUSTRIES    94
11    CONTROL VALVE MARKET, BY INDUSTRY    95
11.1    INTRODUCTION    96
FIGURE 34    CONTROL VALVE MARKET, BY INDUSTRY    96
FIGURE 35    OIL & GAS TO CONTINUE TO DOMINATE CONTROL VALVE MARKET DURING FORECAST PERIOD    96
TABLE 16    CONTROL VALVE MARKET, BY INDUSTRY, 2016–2019 (USD MILLION)    97
TABLE 17    CONTROL VALVE MARKET, BY INDUSTRY, 2020–2025 (USD MILLION)    97
11.2    OIL & GAS    98
11.2.1    OIL & GAS COMPANIES TO WITNESS MAJOR SETBACK IN 2020 DUE TO OUTBREAK OF COVID-19 AND OIL PRICE CRISIS    98
FIGURE 36    APPLICATIONS OF DIFFERENT TYPES OF CONTROL VALVE IN
OIL & GAS INDUSTRY    99
FIGURE 37    OIL & GAS END-USER INDUSTRY: PRE- AND POST-COVID-19
SCENARIO ANALYSIS    100
TABLE 18    PRE- AND POST-COVID-19 SCENARIO: CONTROL VALVE MARKET FOR OIL & GAS INDUSTRY, 2016–2025 (USD MILLION)    100
11.2.2    IMPACT OF COVID-19 & OIL PRICE CRISIS: MNM VIEWPOINT    100
FIGURE 38    COVID-19 IMPACT ANALYSIS    101
TABLE 19    CONTROL VALVE MARKET FOR OIL & GAS INDUSTRY, BY REGION,
2016–2019 (USD MILLION)    101
TABLE 20    CONTROL VALVE MARKET FOR OIL & GAS INDUSTRY, BY REGION,
2020–2025 (USD MILLION)    101
TABLE 21    CONTROL VALVE MARKET FOR OIL & GAS INDUSTRY IN NORTH AMERICA,
BY COUNTRY, 2016–2019 (USD MILLION)    102
TABLE 22    CONTROL VALVE MARKET FOR OIL & GAS INDUSTRY IN NORTH AMERICA,
BY COUNTRY, 2020–2025 (USD MILLION)    102
TABLE 23    CONTROL VALVE MARKET FOR OIL & GAS INDUSTRY IN NORTH AMERICA,
BY TYPE, 2016–2019 (USD MILLION)    102
TABLE 24    CONTROL VALVE MARKET FOR OIL & GAS INDUSTRY IN NORTH AMERICA,
BY TYPE, 2020–2025 (USD MILLION)    103
TABLE 25    CONTROL VALVE MARKET FOR OIL & GAS INDUSTRY IN EUROPE,
BY COUNTRY, 2016–2019 (USD MILLION)    103
TABLE 26    CONTROL VALVE MARKET FOR OIL & GAS INDUSTRY IN EUROPE,
BY COUNTRY, 2020–2025 (USD MILLION)    103
TABLE 27    CONTROL VALVE MARKET FOR OIL & GAS INDUSTRY IN EUROPE, BY TYPE, 2016–2019 (USD MILLION)    104
TABLE 28    CONTROL VALVE MARKET FOR OIL & GAS INDUSTRY IN EUROPE, BY TYPE, 2020–2025 (USD MILLION)    104
TABLE 29    CONTROL VALVE MARKET FOR OIL & GAS INDUSTRY IN APAC, BY COUNTRY, 2016–2019 (USD MILLION)    104
TABLE 30    CONTROL VALVE MARKET FOR OIL & GAS INDUSTRY IN APAC, BY COUNTRY, 2020–2025 (USD MILLION)    105
TABLE 31    CONTROL VALVE MARKET FOR OIL & GAS INDUSTRY IN APAC, BY TYPE, 2016–2019 (USD MILLION)    105
TABLE 32    CONTROL VALVE MARKET FOR OIL & GAS INDUSTRY IN APAC, BY TYPE, 2020–2025 (USD MILLION)    105
TABLE 33    CONTROL VALVE MARKET FOR OIL & GAS INDUSTRY IN ROW, BY REGION, 2016–2019 (USD MILLION)    106
TABLE 34    CONTROL VALVE MARKET FOR OIL & GAS INDUSTRY IN ROW, BY REGION, 2020–2025 (USD MILLION)    106
11.3    WATER & WASTEWATER TREATMENT    106
11.3.1    RISE IN DEMAND FOR CLEANER WATER AND MODIFICATION IN OLDER WATER INFRASTRUCTURE TO AUGMENT DEMAND FOR CONTROL VALVES    106
FIGURE 39    CONTROL VALVE APPLICATIONS IN WATER & WASTEWATER
TREATMENT PLANTS    107
FIGURE 40    WATER & WASTEWATER TREATMENT INDUSTRY: PRE- AND POST-COVID-19 SCENARIO ANALYSIS    108
TABLE 35    PRE- AND POST-COVID-19 SCENARIO: CONTROL VALVE MARKET FOR WATER & WASTEWATER TREATMENT INDUSTRY, 2016–2025 (USD MILLION)    108
11.3.2    IMPACT OF COVID-19: MNM VIEWPOINT    108
FIGURE 41    COVID-19 IMPACT ANALYSIS    109
TABLE 36    CONTROL VALVE MARKET FOR WATER & WASTEWATER TREATMENT INDUSTRY, BY REGION, 2016–2019 (USD MILLION)    109
TABLE 37    CONTROL VALVE MARKET FOR WATER & WASTEWATER TREATMENT INDUSTRY, BY REGION, 2020–2025 (USD MILLION)    109
TABLE 38    CONTROL VALVE MARKET FOR WATER & WASTEWATER TREATMENT INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2016–2019 (USD MILLION)    110
TABLE 39    CONTROL VALVE MARKET FOR WATER & WASTEWATER TREATMENT INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2020–2025 (USD MILLION)    110
TABLE 40    CONTROL VALVE MARKET FOR WATER & WASTEWATER TREATMENT INDUSTRY IN NORTH AMERICA, BY TYPE, 2016–2019 (USD MILLION)    110
TABLE 41    CONTROL VALVE MARKET FOR WATER & WASTEWATER TREATMENT INDUSTRY IN NORTH AMERICA, BY TYPE, 2020–2025 (USD MILLION)    110
TABLE 42    CONTROL VALVE MARKET FOR WATER & WASTEWATER TREATMENT INDUSTRY IN EUROPE, BY COUNTRY, 2016–2019 (USD MILLION)    111
TABLE 43    CONTROL VALVE MARKET FOR WATER & WASTEWATER TREATMENT INDUSTRY IN EUROPE, BY COUNTRY, 2020–2025 (USD MILLION)    111
TABLE 44    CONTROL VALVE MARKET FOR WATER & WASTEWATER TREATMENT INDUSTRY IN EUROPE, BY TYPE, 2016–2019 (USD MILLION)    111
TABLE 45    CONTROL VALVE MARKET FOR WATER & WASTEWATER TREATMENT INDUSTRY IN EUROPE, BY TYPE, 2020–2025 (USD MILLION)    112
TABLE 46    CONTROL VALVE MARKET FOR WATER & WASTEWATER TREATMENT INDUSTRY IN APAC, BY COUNTRY, 2016–2019 (USD MILLION)    112
TABLE 47    CONTROL VALVE MARKET FOR WATER & WASTEWATER TREATMENT INDUSTRY IN APAC, BY COUNTRY, 2020–2025 (USD MILLION)    112
TABLE 48    CONTROL VALVE MARKET FOR WATER & WASTEWATER TREATMENT INDUSTRY IN APAC, BY TYPE, 2016–2019 (USD MILLION)    113
TABLE 49    CONTROL VALVE MARKET FOR WATER & WASTEWATER TREATMENT INDUSTRY IN APAC, BY TYPE, 2020–2025 (USD MILLION)    113
TABLE 50    CONTROL VALVE MARKET FOR WATER & WASTEWATER TREATMENT INDUSTRY IN ROW, BY REGION, 2016–2019 (USD MILLION)    113
TABLE 51    CONTROL VALVE MARKET FOR WATER & WASTEWATER TREATMENT INDUSTRY IN ROW, BY REGION, 2020–2025 (USD MILLION)    113
11.4    ENERGY & POWER    114
11.4.1    INCREASING NEED FOR ENERGY IN DEVELOPING COUNTRIES IS EXPECTED TO ACCELERATE DEMAND FOR CONTROL VALVES    114
FIGURE 42    CONTROL VALVE APPLICATIONS IN ENERGY & POWER PLANTS: COMBINED CYCLE POWER PLANT    115
FIGURE 43    ENERGY & POWER INDUSTRY: PRE- AND POST-COVID-19
SCENARIO ANALYSIS    115
TABLE 52    PRE- AND POST-COVID-19 SCENARIO: CONTROL VALVE MARKET FOR ENERGY & POWER INDUSTRY, 2016–2025 (USD MILLION)    115
11.4.2    IMPACT OF COVID-19: MNM VIEWPOINT    116
FIGURE 44    COVID-19 IMPACT ANALYSIS    116
TABLE 53    CONTROL VALVE MARKET FOR ENERGY & POWER INDUSTRY, BY REGION, 2016–2019 (USD MILLION)    116
TABLE 54    CONTROL VALVE MARKET FOR ENERGY & POWER INDUSTRY, BY REGION, 2020–2025 (USD MILLION)    117
TABLE 55    CONTROL VALVE MARKET FOR ENERGY & POWER INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2016–2019 (USD MILLION)    117
TABLE 56    CONTROL VALVE MARKET FOR ENERGY & POWER INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2020–2025 (USD MILLION)    117
TABLE 57    CONTROL VALVE MARKET FOR ENERGY & POWER INDUSTRY IN NORTH AMERICA, BY TYPE, 2016–2019 (USD MILLION)    118
TABLE 58    CONTROL VALVE MARKET FOR ENERGY & POWER INDUSTRY IN NORTH AMERICA, BY TYPE, 2020–2025 (USD MILLION)    118
TABLE 59    CONTROL VALVE MARKET FOR ENERGY & POWER INDUSTRY IN EUROPE,
BY COUNTRY, 2016–2019 (USD MILLION)    118
TABLE 60    CONTROL VALVE MARKET FOR ENERGY & POWER INDUSTRY IN EUROPE,
BY COUNTRY, 2020–2025 (USD MILLION)    119
TABLE 61    CONTROL VALVE MARKET FOR ENERGY & POWER INDUSTRY IN EUROPE,
BY TYPE, 2016–2019 (USD MILLION)    119
TABLE 62    CONTROL VALVE MARKET FOR ENERGY & POWER INDUSTRY IN EUROPE,
BY TYPE, 2020–2025 (USD MILLION)    119
TABLE 63    CONTROL VALVE MARKET FOR ENERGY & POWER INDUSTRY IN APAC,
BY COUNTRY, 2016–2019 (USD MILLION)    120
TABLE 64    CONTROL VALVE MARKET FOR ENERGY & POWER INDUSTRY IN APAC,
BY COUNTRY, 2020–2025 (USD MILLION)    120
TABLE 65    CONTROL VALVE MARKET FOR ENERGY & POWER INDUSTRY IN APAC,
BY TYPE, 2016–2019 (USD MILLION)    120
TABLE 66    CONTROL VALVE MARKET FOR ENERGY & POWER INDUSTRY IN APAC,
BY TYPE, 2020–2025 (USD MILLION)    121
TABLE 67    CONTROL VALVE MARKET FOR ENERGY & POWER INDUSTRY IN ROW,
BY REGION, 2016–2019 (USD MILLION)    121
TABLE 68    CONTROL VALVE MARKET FOR ENERGY & POWER INDUSTRY IN ROW,
BY REGION, 2020–2025 (USD MILLION)    121
11.5    PHARMACEUTICALS    122
11.5.1    NORTH AMERICA TO LEAD CONTROL VALVE MARKET FOR
PHARMACEUTICALS INDUSTRY    122
FIGURE 45    PHARMACEUTICALS INDUSTRY: PRE- AND POST-COVID-19
SCENARIO ANALYSIS    122
TABLE 69    PRE- AND POST-COVID-19 SCENARIO: CONTROL VALVE MARKET FOR PHARMACEUTICALS INDUSTRY, 2016–2025 (USD MILLION)    123
11.5.2    IMPACT OF COVID-19: MNM VIEWPOINT    123
FIGURE 46    COVID-19 IMPACT ANALYSIS    123
TABLE 70    CONTROL VALVE MARKET FOR PHARMACEUTICALS INDUSTRY, BY REGION, 2016–2019 (USD MILLION)    124
TABLE 71    CONTROL VALVE MARKET FOR PHARMACEUTICALS INDUSTRY, BY REGION, 2020–2025 (USD MILLION)    124
TABLE 72    CONTROL VALVE MARKET FOR PHARMACEUTICALS INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2016–2019 (USD MILLION)    125
TABLE 73    CONTROL VALVE MARKET FOR PHARMACEUTICALS INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2020–2025 (USD MILLION)    125
TABLE 74    CONTROL VALVE MARKET FOR PHARMACEUTICALS INDUSTRY IN NORTH AMERICA, BY TYPE, 2016–2019 (USD MILLION)    125
TABLE 75    CONTROL VALVE MARKET FOR PHARMACEUTICALS INDUSTRY IN NORTH AMERICA, BY TYPE, 2020–2025 (USD MILLION)    125
TABLE 76    CONTROL VALVE MARKET FOR PHARMACEUTICALS INDUSTRY IN EUROPE,
BY COUNTRY, 2016–2019 (USD MILLION)    126
TABLE 77    CONTROL VALVE MARKET FOR PHARMACEUTICALS INDUSTRY IN EUROPE,
BY COUNTRY, 2020–2025 (USD MILLION)    126
TABLE 78    CONTROL VALVE MARKET FOR PHARMACEUTICALS INDUSTRY IN EUROPE,
BY TYPE, 2016–2019 (USD MILLION)    126
TABLE 79    CONTROL VALVE MARKET FOR PHARMACEUTICALS INDUSTRY IN EUROPE,
BY TYPE, 2020–2025 (USD MILLION)    127
TABLE 80    CONTROL VALVE MARKET FOR PHARMACEUTICALS INDUSTRY IN APAC,
BY COUNTRY, 2016–2019 (USD MILLION)    127
TABLE 81    CONTROL VALVE MARKET FOR PHARMACEUTICALS INDUSTRY IN APAC,
BY COUNTRY, 2020–2025 (USD MILLION)    127
TABLE 82    CONTROL VALVE MARKET FOR PHARMACEUTICALS INDUSTRY IN APAC,
BY TYPE, 2016–2019 (USD MILLION)    128
TABLE 83    CONTROL VALVE MARKET FOR PHARMACEUTICALS INDUSTRY IN APAC,
BY TYPE, 2020–2025 (USD MILLION)    128
TABLE 84    CONTROL VALVE MARKET FOR PHARMACEUTICALS INDUSTRY IN ROW,
BY REGION, 2016–2019 (USD MILLION)    128
TABLE 85    CONTROL VALVE MARKET FOR PHARMACEUTICALS INDUSTRY IN ROW,
BY REGION, 2020–2025 (USD MILLION)    128
11.6    FOOD & BEVERAGES    129
11.6.1    FOOD & BEVERAGES INDUSTRY TO WITNESS SIGNIFICANT GROWTH IN CONTROL VALVE MARKET DURING FORECAST PERIOD    129
FIGURE 47    CONTROL VALVE APPLICATIONS IN FOOD & BEVERAGES INDUSTRY    129
11.6.2    IMPACT OF COVID-19: MNM VIEWPOINT    130
TABLE 86    CONTROL VALVE MARKET FOR FOOD & BEVERAGES INDUSTRY, BY REGION, 2016–2019 (USD MILLION)    130
TABLE 87    CONTROL VALVE MARKET FOR FOOD & BEVERAGES INDUSTRY, BY REGION, 2020–2025 (USD MILLION)    130
TABLE 88    CONTROL VALVE MARKET FOR FOOD & BEVERAGES INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2016–2019 (USD MILLION)    131
TABLE 89    CONTROL VALVE MARKET FOR FOOD & BEVERAGES INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2020–2025 (USD MILLION)    131
TABLE 90    CONTROL VALVE MARKET FOR FOOD & BEVERAGES INDUSTRY IN NORTH AMERICA, BY TYPE, 2016–2019 (USD MILLION)    131
TABLE 91    CONTROL VALVE MARKET FOR FOOD & BEVERAGES INDUSTRY IN NORTH AMERICA, BY TYPE, 2020–2025 (USD MILLION)    132
TABLE 92    CONTROL VALVE MARKET FOR FOOD & BEVERAGES INDUSTRY IN EUROPE, BY COUNTRY, 2016–2019 (USD MILLION)    132
TABLE 93    CONTROL VALVE MARKET FOR FOOD & BEVERAGES INDUSTRY IN EUROPE, BY COUNTRY, 2020–2025 (USD MILLION)    132
TABLE 94    CONTROL VALVE MARKET FOR FOOD & BEVERAGES INDUSTRY IN EUROPE, BY TYPE, 2016–2019 (USD MILLION)    133
TABLE 95    CONTROL VALVE MARKET FOR FOOD & BEVERAGES INDUSTRY IN EUROPE, BY TYPE, 2020–2025 (USD MILLION)    133
TABLE 96    CONTROL VALVE MARKET FOR FOOD & BEVERAGES INDUSTRY IN APAC,
BY COUNTRY, 2016–2019 (USD MILLION)    133
TABLE 97    CONTROL VALVE MARKET FOR FOOD & BEVERAGES INDUSTRY IN APAC,
BY COUNTRY, 2020–2025 (USD MILLION)    134
TABLE 98    CONTROL VALVE MARKET FOR FOOD & BEVERAGES INDUSTRY IN APAC,
BY TYPE, 2016–2019 (USD MILLION)    134
TABLE 99    CONTROL VALVE MARKET FOR FOOD & BEVERAGES INDUSTRY IN APAC,
BY TYPE, 2020–2025 (USD MILLION)    134
TABLE 100    CONTROL VALVE MARKET FOR FOOD & BEVERAGES INDUSTRY IN ROW,
BY REGION, 2016–2019 (USD MILLION)    135
TABLE 101    CONTROL VALVE MARKET FOR FOOD & BEVERAGES INDUSTRY IN ROW,
BY REGION, 2020–2025 (USD MILLION)    135
11.7    CHEMICALS    135
11.7.1    CONTROL VALVES ARE ADOPTED IN CHEMICALS INDUSTRY AS THEY MEET MOST STRINGENT PROTECTION REQUIREMENTS AND STANDARDS    135
FIGURE 48    CONTROL VALVE APPLICATIONS IN CHEMICAL PLANTS    136
11.7.2    IMPACT OF COVID-19: MNM VIEWPOINT    136
TABLE 102    CONTROL VALVE MARKET FOR CHEMICALS INDUSTRY, BY REGION,
2016–2019 (USD MILLION)    136
TABLE 103    CONTROL VALVE MARKET FOR CHEMICALS INDUSTRY, BY REGION,
2020–2025 (USD MILLION)    137
TABLE 104    CONTROL VALVE MARKET FOR CHEMICALS INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2016–2019 (USD MILLION)    137
TABLE 105    CONTROL VALVE MARKET FOR CHEMICALS INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2020–2025 (USD MILLION)    137
TABLE 106    CONTROL VALVE MARKET FOR CHEMICALS INDUSTRY IN NORTH AMERICA, BY TYPE, 2016–2019 (USD MILLION)    138
TABLE 107    CONTROL VALVE MARKET FOR CHEMICALS INDUSTRY IN NORTH AMERICA, BY TYPE, 2020–2025 (USD MILLION)    138
TABLE 108    CONTROL VALVE MARKET FOR CHEMICALS INDUSTRY IN EUROPE,
BY COUNTRY, 2016–2019 (USD MILLION)    138
TABLE 109    CONTROL VALVE MARKET FOR CHEMICALS INDUSTRY IN EUROPE,
BY COUNTRY, 2020–2025 (USD MILLION)    139
TABLE 110    CONTROL VALVE MARKET FOR CHEMICALS INDUSTRY IN EUROPE, BY TYPE, 2016–2019 (USD MILLION)    139
TABLE 111    CONTROL VALVE MARKET FOR CHEMICALS INDUSTRY IN EUROPE, BY TYPE, 2020–2025 (USD MILLION)    139
TABLE 112    CONTROL VALVE MARKET FOR CHEMICALS INDUSTRY IN APAC, BY COUNTRY, 2016–2019 (USD MILLION)    140
TABLE 113    CONTROL VALVE MARKET FOR CHEMICALS INDUSTRY IN APAC, BY COUNTRY, 2020–2025 (USD MILLION)    140
TABLE 114    CONTROL VALVE MARKET FOR CHEMICALS INDUSTRY IN APAC, BY TYPE, 2016–2019 (USD MILLION)    140
TABLE 115    CONTROL VALVE MARKET FOR CHEMICALS INDUSTRY IN APAC, BY TYPE, 2020–2025 (USD MILLION)    141
TABLE 116    CONTROL VALVE MARKET FOR CHEMICALS INDUSTRY IN ROW, BY REGION, 2016–2019 (USD MILLION)    141
TABLE 117    CONTROL VALVE MARKET FOR CHEMICALS INDUSTRY IN ROW, BY REGION, 2020–2025 (USD MILLION)    141
11.8    BUILDING & CONSTRUCTION    141
11.8.1    SIGNIFICANT DECREASE IN DEMAND FOR CONTROL VALVES OWING TO CANCELLED OR POSTPONED SMART INFRASTRUCTURE PROJECTS IN BUILDING & CONSTRUCTION INDUSTRY    141
11.8.2    IMPACT OF COVID-19: MNM VIEWPOINT    142
TABLE 118    CONTROL VALVE MARKET FOR BUILDING & CONSTRUCTION INDUSTRY,
BY REGION, 2016–2019 (USD MILLION)    142
TABLE 119    CONTROL VALVE MARKET FOR BUILDING & CONSTRUCTION INDUSTRY,
BY REGION, 2020–2025 (USD MILLION)    142
TABLE 120    CONTROL VALVE MARKET FOR BUILDING & CONSTRUCTION INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2016–2019 (USD MILLION)    143
TABLE 121    CONTROL VALVE MARKET FOR BUILDING & CONSTRUCTION INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2020–2025 (USD MILLION)    143
TABLE 122    CONTROL VALVE MARKET FOR BUILDING & CONSTRUCTION INDUSTRY IN NORTH AMERICA, BY TYPE, 2016–2019 (USD MILLION)    143
TABLE 123    CONTROL VALVE MARKET FOR BUILDING & CONSTRUCTION INDUSTRY IN NORTH AMERICA, BY TYPE, 2020–2025 (USD MILLION)    143
TABLE 124    CONTROL VALVE MARKET FOR BUILDING & CONSTRUCTION INDUSTRY IN EUROPE, BY COUNTRY, 2016–2019 (USD MILLION)    144
TABLE 125    CONTROL VALVE MARKET FOR BUILDING & CONSTRUCTION INDUSTRY IN EUROPE, BY COUNTRY, 2020–2025 (USD MILLION)    144
TABLE 126    CONTROL VALVE MARKET FOR BUILDING & CONSTRUCTION INDUSTRY IN EUROPE, BY TYPE, 2016–2019 (USD MILLION)    144
TABLE 127    CONTROL VALVE MARKET FOR BUILDING & CONSTRUCTION INDUSTRY IN EUROPE, BY TYPE, 2020–2025 (USD MILLION)    145
TABLE 128    CONTROL VALVE MARKET FOR BUILDING & CONSTRUCTION INDUSTRY IN APAC, BY COUNTRY, 2016–2019 (USD MILLION)    145
TABLE 129    CONTROL VALVE MARKET FOR BUILDING & CONSTRUCTION INDUSTRY IN APAC, BY COUNTRY, 2020–2025 (USD MILLION)    145
TABLE 130    CONTROL VALVE MARKET FOR BUILDING & CONSTRUCTION INDUSTRY IN APAC, BY TYPE, 2016–2019 (USD MILLION)    146
TABLE 131    CONTROL VALVE MARKET FOR BUILDING & CONSTRUCTION INDUSTRY IN APAC, BY TYPE, 2020–2025 (USD MILLION)    146
TABLE 132    CONTROL VALVE MARKET FOR BUILDING & CONSTRUCTION INDUSTRY IN ROW, BY REGION, 2016–2019 (USD MILLION)    146
TABLE 133    CONTROL VALVE MARKET FOR BUILDING & CONSTRUCTION INDUSTRY IN ROW, BY REGION, 2020–2025 (USD MILLION)    146
11.9    PULP & PAPER    147
11.9.1    CONTROL VALVES HELP IN PREDICTIVE MAINTENANCE OF EQUIPMENT USED IN PULP AND PAPER MANUFACTURING    147
11.9.2    IMPACT OF COVID-19: MNM VIEWPOINT    148
TABLE 134    CONTROL VALVE MARKET FOR PULP & PAPER INDUSTRY, BY REGION,
2016–2019 (USD MILLION)    148
TABLE 135    CONTROL VALVE MARKET FOR PULP & PAPER INDUSTRY, BY REGION,
2020–2025 (USD MILLION)    148
TABLE 136    CONTROL VALVE MARKET FOR PULP & PAPER INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2016–2019 (USD MILLION)    149
TABLE 137    CONTROL VALVE MARKET FOR PULP & PAPER INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2020–2025 (USD MILLION)    149
TABLE 138    CONTROL VALVE MARKET FOR PULP & PAPER INDUSTRY IN NORTH AMERICA, BY TYPE, 2016–2019 (USD MILLION)    149
TABLE 139    CONTROL VALVE MARKET FOR PULP & PAPER INDUSTRY IN NORTH AMERICA, BY TYPE, 2020–2025 (USD MILLION)    149
TABLE 140    CONTROL VALVE MARKET FOR PULP & PAPER INDUSTRY IN EUROPE,
BY COUNTRY, 2016–2019 (USD MILLION)    150
TABLE 141    CONTROL VALVE MARKET FOR PULP & PAPER INDUSTRY IN EUROPE,
BY COUNTRY, 2020–2025 (USD MILLION)    150
TABLE 142    CONTROL VALVE MARKET FOR PULP & PAPER INDUSTRY IN EUROPE,
BY TYPE, 2016–2019 (USD MILLION)    150
TABLE 143    CONTROL VALVE MARKET FOR PULP & PAPER INDUSTRY IN EUROPE,
BY TYPE, 2020–2025 (USD MILLION)    151
TABLE 144    CONTROL VALVE MARKET FOR PULP & PAPER INDUSTRY IN APAC,
BY COUNTRY, 2016–2019 (USD MILLION)    151
TABLE 145    CONTROL VALVE MARKET FOR PULP & PAPER INDUSTRY IN APAC,
BY COUNTRY, 2020–2025 (USD MILLION)    151
TABLE 146    CONTROL VALVE MARKET FOR PULP & PAPER INDUSTRY IN APAC, BY TYPE, 2016–2019 (USD MILLION)    152
TABLE 147    CONTROL VALVE MARKET FOR PULP & PAPER INDUSTRY IN APAC, BY TYPE, 2020–2025 (USD MILLION)    152
TABLE 148    CONTROL VALVE MARKET FOR PULP & PAPER INDUSTRY IN ROW, BY REGION, 2016–2019 (USD MILLION)    152
TABLE 149    CONTROL VALVE MARKET FOR PULP & PAPER INDUSTRY IN ROW, BY REGION, 2020–2025 (USD MILLION)    152
11.10    METALS & MINING    153
11.10.1    GROWING DEMAND FOR PREDICTIVE MAINTENANCE ENCOURAGING
USE OF CONTROL VALVES    153
11.10.2    IMPACT OF COVID-19: MNM VIEWPOINT    154
TABLE 150    CONTROL VALVE MARKET FOR METALS & MINING INDUSTRY, BY REGION, 2016–2019 (USD MILLION)    154
TABLE 151    CONTROL VALVE MARKET FOR METALS & MINING INDUSTRY, BY REGION, 2020–2025 (USD MILLION)    154
TABLE 152    CONTROL VALVE MARKET FOR METALS & MINING INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2016–2019 (USD MILLION)    155
TABLE 153    CONTROL VALVE MARKET FOR METALS & MINING INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2020–2025 (USD MILLION)    155
TABLE 154    CONTROL VALVE MARKET FOR METALS & MINING INDUSTRY IN NORTH AMERICA, BY TYPE, 2016–2019 (USD MILLION)    155
TABLE 155    CONTROL VALVE MARKET FOR METALS & MINING INDUSTRY IN NORTH AMERICA, BY TYPE, 2020–2025 (USD MILLION)    155
TABLE 156    CONTROL VALVE MARKET FOR METALS & MINING INDUSTRY IN EUROPE,
BY COUNTRY, 2016–2019 (USD MILLION)    156
TABLE 157    CONTROL VALVE MARKET FOR METALS & MINING INDUSTRY IN EUROPE,
BY COUNTRY, 2020–2025 (USD MILLION)    156
TABLE 158    CONTROL VALVE MARKET FOR METALS & MINING INDUSTRY IN EUROPE,
BY TYPE, 2016–2019 (USD MILLION)    156
TABLE 159    CONTROL VALVE MARKET FOR METALS & MINING INDUSTRY IN EUROPE,
BY TYPE, 2020–2025 (USD MILLION)    157
TABLE 160    CONTROL VALVE MARKET FOR METALS & MINING INDUSTRY IN APAC,
BY COUNTRY, 2016–2019 (USD MILLION)    157
TABLE 161    CONTROL VALVE MARKET FOR METALS & MINING INDUSTRY IN APAC,
BY COUNTRY, 2020–2025 (USD MILLION)    157
TABLE 162    CONTROL VALVE MARKET FOR METALS & MINING INDUSTRY IN APAC,
BY TYPE, 2016–2019 (USD MILLION)    158
TABLE 163    CONTROL VALVE MARKET FOR METALS & MINING INDUSTRY IN APAC,
BY TYPE, 2020–2025 (USD MILLION)    158
TABLE 164    CONTROL VALVE MARKET FOR METALS & MINING INDUSTRY IN ROW,
BY REGION, 2016–2019 (USD MILLION)    158
TABLE 165    CONTROL VALVE MARKET FOR METALS & MINING INDUSTRY IN ROW,
BY REGION, 2020–2025 (USD MILLION)    158
11.11    OTHERS    159
TABLE 166    CONTROL VALVE MARKET FOR OTHER INDUSTRIES, BY REGION, 2016–2019 (USD MILLION)    159
TABLE 167    CONTROL VALVE MARKET FOR OTHER INDUSTRIES, BY REGION, 2020–2025 (USD MILLION)    159
TABLE 168    CONTROL VALVE MARKET FOR OTHER INDUSTRIES IN NORTH AMERICA,
BY COUNTRY, 2016–2019 (USD MILLION)    160
TABLE 169    CONTROL VALVE MARKET FOR OTHER INDUSTRIES IN NORTH AMERICA,
BY COUNTRY, 2020–2025 (USD MILLION)    160
TABLE 170    CONTROL VALVE MARKET FOR OTHER INDUSTRIES IN NORTH AMERICA,
BY TYPE, 2016–2019 (USD MILLION)    160
TABLE 171    CONTROL VALVE MARKET FOR OTHER INDUSTRIES IN NORTH AMERICA,
BY TYPE, 2020–2025 (USD MILLION)    160
TABLE 172    CONTROL VALVE MARKET FOR OTHER INDUSTRIES IN EUROPE, BY COUNTRY, 2016–2019 (USD MILLION)    161
TABLE 173    CONTROL VALVE MARKET FOR OTHER INDUSTRIES IN EUROPE, BY COUNTRY, 2020–2025 (USD MILLION)    161
TABLE 174    CONTROL VALVE MARKET FOR OTHER INDUSTRIES IN EUROPE, BY TYPE, 2016–2019 (USD MILLION)    161
TABLE 175    CONTROL VALVE MARKET FOR OTHER INDUSTRIES IN EUROPE, BY TYPE, 2020–2025 (USD MILLION)    162
TABLE 176    CONTROL VALVE MARKET FOR OTHER INDUSTRIES IN APAC, BY COUNTRY, 2016–2019 (USD MILLION)    162
TABLE 177    CONTROL VALVE MARKET FOR OTHER INDUSTRIES IN APAC, BY COUNTRY, 2020–2025 (USD MILLION)    162
TABLE 178    CONTROL VALVE MARKET FOR OTHER INDUSTRIES IN APAC, BY TYPE,
2016–2019 (USD MILLION)    163
TABLE 179    CONTROL VALVE MARKET FOR OTHER INDUSTRIES IN APAC, BY TYPE,
2020–2025 (USD MILLION)    163
TABLE 180    CONTROL VALVE MARKET FOR OTHER INDUSTRIES IN ROW, BY REGION, 2016–2019 (USD MILLION)    163
TABLE 181    CONTROL VALVE MARKET FOR OTHER INDUSTRIES IN ROW, BY REGION, 2020–2025 (USD MILLION)    163
12    GEOGRAPHIC ANALYSIS    164
12.1    INTRODUCTION    165
FIGURE 49    CONTROL VALVE MARKET: GEOGRAPHIC SNAPSHOT    165
TABLE 182    CONTROL VALVE MARKET, BY REGION, 2016–2019 (USD MILLION)    165
TABLE 183    CONTROL VALVE MARKET, BY REGION, 2020–2025 (USD MILLION)    166
FIGURE 50    APAC TO CONTINUE TO ACCOUNT FOR LARGEST SIZE OF CONTROL VALVE MARKET DURING FORECAST PERIOD    166
12.2    NORTH AMERICA    167
FIGURE 51    SNAPSHOT OF CONTROL VALVE MARKET IN NORTH AMERICA    168
FIGURE 52    NORTH AMERICA: PRE- AND POST-COVID-19 SCENARIOS    168
TABLE 184    PRE- AND POST-COVID-19 SCENARIO: CONTROL VALVE MARKET IN NORTH AMERICA, 2016–2025 (USD MILLION)    169
12.2.1    IMPACT OF COVID-19: MNM VIEWPOINT    169
TABLE 185    CONTROL VALVE MARKET IN NORTH AMERICA, BY COUNTRY, 2016–2019 (USD MILLION)    170
TABLE 186    CONTROL VALVE MARKET IN NORTH AMERICA, BY COUNTRY, 2020–2025 (USD MILLION)    170
TABLE 187    CONTROL VALVE MARKET IN NORTH AMERICA, BY INDUSTRY, 2016–2019 (USD MILLION)    170
TABLE 188    CONTROL VALVE MARKET IN NORTH AMERICA, BY INDUSTRY, 2020–2025 (USD MILLION)    171
12.2.2    US    171
12.2.2.1    Aging water & wastewater infrastructure in US generates demand for hybrid valves    171
TABLE 189    CONTROL VALVE MARKET IN US, BY INDUSTRY, 2016–2019 (USD MILLION)    172
TABLE 190    CONTROL VALVE MARKET IN US, BY INDUSTRY, 2020–2025 (USD MILLION)    172
12.2.3    CANADA    173
12.2.3.1    Rising energy demand to augment market growth in coming years    173
TABLE 191    CONTROL VALVE MARKET IN CANADA, BY INDUSTRY, 2016–2019
(USD MILLION)    173
TABLE 192    CONTROL VALVE MARKET IN CANADA, BY INDUSTRY, 2020–2025
(USD MILLION)    174
12.2.4    MEXICO    174
12.2.4.1    Uptrend in the water & wastewater treatment industry expected to drive the control valve market in Mexico during the forecast period    174
TABLE 193    CONTROL VALVE MARKET IN MEXICO, BY INDUSTRY, 2016–2019
(USD MILLION)    175
TABLE 194    CONTROL VALVE MARKET IN MEXICO, BY INDUSTRY, 2020–2025
(USD MILLION)    175
12.3    EUROPE    176
FIGURE 53    SNAPSHOT OF CONTROL VALVE MARKET IN EUROPE    176
FIGURE 54    EUROPE: PRE- AND POST-COVID-19 SCENARIOS    177
TABLE 195    PRE- AND POST-COVID-19 SCENARIO: CONTROL VALVE MARKET IN EUROPE, 2016–2025 (USD MILLION)    177
12.3.1    IMPACT OF COVID-19: MNM VIEWPOINT    177
TABLE 196    CONTROL VALVE MARKET IN EUROPE, BY COUNTRY, 2016–2019
(USD MILLION)    178
TABLE 197    CONTROL VALVE MARKET IN EUROPE, BY COUNTRY, 2020–2025
(USD MILLION)    178
TABLE 198    CONTROL VALVE MARKET IN EUROPE, BY INDUSTRY, 2016–2019
(USD MILLION)    178
TABLE 199    CONTROL VALVE MARKET IN EUROPE, BY INDUSTRY, 2020–2025
(USD MILLION)    179
12.3.2    UK    179
12.3.2.1    Prominence of water industry in UK will propel demand
for control valves    179
TABLE 200    CONTROL VALVE MARKET IN UK, BY INDUSTRY, 2016–2019 (USD MILLION)    180
TABLE 201    CONTROL VALVE MARKET IN UK, BY INDUSTRY, 2020–2025 (USD MILLION)    180
12.3.3    GERMANY    181
12.3.3.1    Growth prospects of process industries to propel the growth of control valve market in Germany    181
TABLE 202    CONTROL VALVE MARKET IN GERMANY, BY INDUSTRY, 2016–2019
(USD MILLION)    181
TABLE 203    CONTROL VALVE MARKET IN GERMANY, BY INDUSTRY, 2020–2025
(USD MILLION)    182
12.3.4    FRANCE    182
12.3.4.1    Energy & power sector expected to drive the control valve
market in France    182
TABLE 204    CONTROL VALVE MARKET IN FRANCE, BY INDUSTRY, 2016–2019
(USD MILLION)    182
TABLE 205    CONTROL VALVE MARKET IN FRANCE, BY INDUSTRY, 2020–2025
(USD MILLION)    183
12.3.5    ITALY    183
12.3.5.1    Italian market will be driven by upcoming investments in water & wastewater treatment industry    183
TABLE 206    CONTROL VALVE MARKET IN ITALY, BY INDUSTRY, 2016–2019
(USD MILLION)    184
TABLE 207    CONTROL VALVE MARKET IN ITALY, BY INDUSTRY, 2020–2025
(USD MILLION)    184
12.3.6    REST OF EUROPE    185
TABLE 208    CONTROL VALVE MARKET IN REST OF EUROPE, BY INDUSTRY, 2016–2019 (USD MILLION)    185
TABLE 209    CONTROL VALVE MARKET IN REST OF EUROPE, BY INDUSTRY, 2020–2025 (USD MILLION)    185
12.4    ASIA PACIFIC (APAC)    186
FIGURE 55    SNAPSHOT OF CONTROL VALVE MARKET IN APAC    186
FIGURE 56    APAC: PRE- AND POST-COVID-19 SCENARIOS    187
TABLE 210    PRE- AND POST-COVID-19 SCENARIO: CONTROL VALVE MARKET IN APAC, 2016–2025 (USD MILLION)    187
12.4.1    IMPACT OF COVID-19: MNM VIEWPOINT    187
TABLE 211    CONTROL VALVE MARKET IN APAC, BY COUNTRY, 2016–2019 (USD MILLION)    188
TABLE 212    CONTROL VALVE MARKET IN APAC, BY COUNTRY, 2020–2025 (USD MILLION)    188
TABLE 213    CONTROL VALVE MARKET IN APAC, BY INDUSTRY, 2016–2019
(USD MILLION)    189
TABLE 214    CONTROL VALVE MARKET IN APAC, BY INDUSTRY, 2020–2025
(USD MILLION)    189
12.4.2    CHINA    190
12.4.2.1    Control valve market in China will be driven by growing demand from energy & power and oil & gas sectors    190
TABLE 215    CONTROL VALVE MARKET IN CHINA, BY INDUSTRY, 2016–2019
(USD MILLION)    190
TABLE 216    CONTROL VALVE MARKET IN CHINA, BY INDUSTRY, 2020–2025
(USD MILLION)    191
12.4.3    JAPAN    191
12.4.3.1    Investment in renewable energy sources and power generation in Japan will increase demand for control valves    191
TABLE 217    CONTROL VALVE MARKET IN JAPAN, BY INDUSTRY, 2016–2019
(USD MILLION)    192
TABLE 218    CONTROL VALVE MARKET IN JAPAN, BY INDUSTRY, 2020–2025
(USD MILLION)    192
12.4.4    SOUTH KOREA    193
12.4.4.1    Chemicals industry to witness high demand for control valves to ensure highest level of hygienic processing    193
TABLE 219    CONTROL VALVE MARKET IN SOUTH KOREA, BY INDUSTRY, 2016–2019
(USD MILLION)    193
TABLE 220    CONTROL VALVE MARKET IN SOUTH KOREA, BY INDUSTRY, 2020–2025
(USD MILLION)    193
12.4.5    INDIA    194
12.4.5.1    India would be fastest-growing country in control valve
market in APAC    194
TABLE 221    CONTROL VALVE MARKET IN INDIA, BY INDUSTRY, 2016–2019
(USD MILLION)    194
TABLE 222    CONTROL VALVE MARKET IN INDIA, BY INDUSTRY, 2020–2025
(USD MILLION)    195
12.4.6    REST OF APAC    195
TABLE 223    CONTROL VALVE MARKET IN REST OF APAC, BY INDUSTRY, 2016–2019
(USD MILLION)    195
TABLE 224    CONTROL VALVE MARKET IN REST OF APAC, BY INDUSTRY, 2020–2025
(USD MILLION)    196
12.5    REST OF THE WORLD (ROW)    196
FIGURE 57    ROW: PRE- AND POST-COVID-19 SCENARIOS    197
TABLE 225    PRE- AND POST-COVID-19 SCENARIO: CONTROL VALVE MARKET IN ROW, 2016–2025 (USD MILLION)    197
12.5.1    IMPACT OF COVID-19: MNM VIEWPOINT    197
TABLE 226    CONTROL VALVE MARKET IN ROW, BY REGION, 2016–2019 (USD MILLION)    198
TABLE 227    CONTROL VALVE MARKET IN ROW, BY REGION, 2020–2025 (USD MILLION)    198
TABLE 228    CONTROL VALVE MARKET IN ROW, BY INDUSTRY, 2016–2019 (USD MILLION)    198
TABLE 229    CONTROL VALVE MARKET IN ROW, BY INDUSTRY, 2020–2025 (USD MILLION)    199
12.5.2    MIDDLE EAST    199
12.5.2.1    Middle East to hold largest share of control valve market in RoW during forecast period    199
TABLE 230    CONTROL VALVE MARKET IN MIDDLE EAST, BY INDUSTRY, 2016–2019
(USD MILLION)    200
TABLE 231    CONTROL VALVE MARKET IN MIDDLE EAST, BY INDUSTRY, 2020–2025
(USD MILLION)    200
12.5.3    SOUTH AMERICA    201
12.5.3.1    Growing oil & gas industry will drive control valve market growth in South American countries    201
TABLE 232    CONTROL VALVE MARKET IN SOUTH AMERICA, BY INDUSTRY, 2016–2019 (USD MILLION)    201
TABLE 233    CONTROL VALVE MARKET IN SOUTH AMERICA, BY INDUSTRY, 2020–2025 (USD MILLION)    201
12.5.4    AFRICA    202
12.5.4.1    Investments in water & power industries drive the control valve market in Africa    202
TABLE 234    CONTROL VALVE MARKET IN AFRICA, BY INDUSTRY, 2016–2019
(USD MILLION)    202
TABLE 235    CONTROL VALVE MARKET IN AFRICA, BY INDUSTRY, 2020–2025
(USD MILLION)    203
13    COMPETITIVE LANDSCAPE    204
13.1    OVERVIEW    204
13.2    COMPETITIVE SCENARIO    204
13.2.1    PRODUCT DEVELOPMENTS/LAUNCHES    204
TABLE 236    KEY PRODUCT DEVELOPMENTS/LAUNCHES (2017–2020)    204
13.2.2    PARTNERSHIPS, MERGERS & ACQUISITIONS, AND EXPANSIONS    205
TABLE 237    KEY PARTNERSHIPS, MERGERS & ACQUISITIONS,
AND EXPANSIONS (2017–2020)    205
13.3    COMPETITIVE LEADERSHIP MAPPING    207
13.3.1    VISIONARY LEADERS    207
13.3.2    INNOVATORS    207
13.3.3    DYNAMIC DIFFERENTIATORS    207
13.3.4    EMERGING COMPANIES    207
FIGURE 58    CONTROL VALVE MARKET (GLOBAL) COMPETITIVE LEADERSHIP
MAPPING, 2019    208
14    COMPANY PROFILES    209
14.1    INTRODUCTION    209
14.2    KEY PLAYERS    209
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
14.2.1    CHRISTIAN BÜRKERT    209
14.2.2    EMERSON    212
FIGURE 59    EMERSON: COMPANY SNAPSHOT    212
14.2.3    FLOWSERVE CORPORATION    217
FIGURE 60    FLOWSERVE CORPORATION: COMPANY SNAPSHOT    217
14.2.4    IMI PLC.    220
FIGURE 61    IMI PLC. CORPORATION: COMPANY SNAPSHOT    220
14.2.5    CURTISS-WRIGHT CORPORATION    223
FIGURE 62    CURTISS-WRIGHT CORPORATION: COMPANY SNAPSHOT    223
14.2.6    TRILLIUM FLOW TECHNOLOGIES (WEIR FLOW CONTROL)    226
14.2.7    CAMERON – (SCHLUMBERGER COMPANY)    227
FIGURE 63    CAMERON (SCHLUMBERGER COMPANY): COMPANY SNAPSHOT    228
14.2.8    SPIRAX SARCO    230
FIGURE 64    SPIRAX SARCO: COMPANY SNAPSHOT    231
14.2.9    CRANE CO.    233
FIGURE 65    CRANE CO.: COMPANY SNAPSHOT    233
14.2.10    KITZ CORPORATION    236
FIGURE 66    KITZ CORPORATION: COMPANY SNAPSHOT    236
* Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View might not be captured in case of unlisted companies.
14.3    OTHER IMPORTANT PLAYERS    238
14.3.1    SAMSON CONTROLS    238
14.3.2    NELES CORPORATION (METSO CORPORATION)    239
14.3.3    NEWAY VALVE CO.    240
14.3.4    ALFA LAVAL    241
14.3.5    VELAN INC.    242
14.3.6    AVK HOLDING A/S    243
14.3.7    AVCON CONTROLS    244
14.3.8    HAM–LET    245
14.3.9    DWYER INSTRUMENTS    246
14.3.10    APOLLO VALVES    247
14.3.11    SWAGELOK    248
15    APPENDIX    249
15.1    DISCUSSION GUIDE    249
15.2    KNOWLEDGE STORE  252
15.3    AVAILABLE CUSTOMIZATIONS    254
15.4    RELATED REPORTS    254
15.5    AUTHOR DETAILS    255